Investment activities

Buyout

Transforming ambitious European mid-caps into global players
Philippe Poletti Head of Ardian Buyout and Member of the Executive Committee

Philippe Poletti
Head of Ardian Buyout and Member of the Executive Committee

Ardian Buyout occupies a unique position among European LBO investors that gives us major advantages in today’s expansive and highly competitive markets. During 2018 we deployed €1.2bn in five transactions, four of which were primary and proprietary deals at double the market average. With each fund our ability to acquire high-quality companies in off-market transactions has increased along with our fund size, proving the strength of our multi-local approach and our focus on key verticals with strong growth potential. 

Focusing on proprietary situations allows us to build closer relationships with management teams and develop a deeper understanding of each business before we invest. It also means we can move faster to implement our transformational strategies, especially international buy-and-build where we have a strong record of helping portfolio companies enter new territories. 

We have also taken advantage of buoyant market conditions to exit five companies and carry out three recapitalizations. Together, these decisions have enabled us to return almost €2bn to our LPs during 2018. The Buyout team has now established a permanent presence in New York and we will have the capability to invest up to 10% of its next fund in North America.

“In our core markets, we are in most cases the preferred partner for family buyouts or carve-outs.”

2018 Activity Report

Creatingsustainablevalueachievingglobalscale
Creatingsustainablevalueachievingglobalscale